Comfort Shoes received a promissory note from a customer on April 1, 2016 . The face amount of the note is $2,000; the terms are 12 months and 8% annual interest. How much total interest revenue will Comfort Shoes recognize for the year ended December 31, 2016?
a. $ 40
b. $ 107
c. $ 120
d. $ 160
c
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A company reported $960,000 in net income for the current year. Total weighted-average common shares outstanding are 150,000 shares, and the year-end market price is $67.20 per common share. Calculate the company's price earnings ratio.
What will be an ideal response?
Which of the following disaster recovery techniques may be least optimal in the case of a disaster?
a. empty shell b. mutual aid pact c. recovery operation center d. they are all equally beneficial
Non-digital media provide marketers and consumers with opportunities for much greater interaction and individualization than digital media
Indicate whether the statement is true or false
The person that borrows money and signs a promissory note is called the maker.
Answer the following statement true (T) or false (F)